The Ministry of Finance plans to create the special unit for the management and supervision over the public assets.
As it is said in the draft strategy of development of state banks until 2022 inclusive, ET reports.
As noted in the document, the subordination is planned as follows: “Cabinet of Ministers → Special Unit for Management of State Bank Assets → Banks”.
It is known that the special unit will represent the rights and interests of the state as the shareholder.
It was previously reported that soon, the company, created especially for these purposes, can deal with non-performing assets of state banks.